EU prepares expanded sanctions targeting Russian financial, crypto, and energy sectors

The EU has confirmed the adoption of a new sanctions package targeting Russian and Belarusian oil refining infrastructure, financial institutions, and cryptocurrency platforms, signaling a shift towards sustained economic pressure. Concurrently, the US Treasury has expanded sanctions on Cuban energy, finance, and medical sectors. Internal EU friction regarding further Russia sanctions is increasing, with Greece blocking a proposed 21st package over natural gas import revisions, and member states facing diminishing returns and exposed policy divisions.